Canada’s Commissioner of Competition has taken an “unreasonable” position and has failed to demonstrate that Rogers Communications Inc.’s $26-billion takeover of Shaw Communications Inc. would substantially reduce competition in the wireless market, Rogers says.
“The Commissioner cannot establish that the transaction will result in a substantial lessening of competition in wireless services, and any alleged impact on competition is far outweighed by the transaction’s efficiencies,” the document reads. Rogers is asking the tribunal to dismiss the bureau’s application and award Rogers costs.
The bureau’s case focuses on potential harm to Canada’s wireless industry if Rogers were permitted to acquire Shaw’s Freedom Mobile, the country’s fourth-largest wireless carrier. The bureau has also argued that separating Freedom Mobile from Shaw’s network infrastructure would reduce the carrier’s ability to offer bundled services.
Although details of those proposed agreements are redacted in the bureau’s filings, The Globe has previously reported that Stonepeak Infrastructure Partners, a New York-based private equity fund that owns rural internet provider Xplornet Communications Inc., is among the potential buyers that Rogers has presented to regulators.
Why the C watchdog have to demonstrate ? I can see it = obvious
yes it would
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: nationalpost - 🏆 10. / 80 Read more »
Source: nationalpost - 🏆 10. / 80 Read more »